Latest Croatia News

There is a rumor at ZSE (Zagreb Stock Exchange)
that popular online gaming site Igre 123 Igrice is going public.
Igre 123 Igrice is most popular Croatian website for kids featuring flash games for young boys and girls.
Among Barbie, Bratz, Super Mario, arcade, sport and other games there is also
Larin Chat well known among adolescents.
Online games are games played over some form of computer network.
At the present, this almost always means the Internet or equivalent technology; but games have always used whatever technology was current: modems before the internet, and hard wired terminals before modems.
Larina igraonica is website with online flash games based on flash and java tehnology and is not
featuring multyplayer games but single player fun.
Will keep you informed !

The results of the investigation of the commission that investigated the fall of a Mi-8 VIP helicopter in Vukovar last year have shown without a doubt that the top national leadership, and very often the foreign officials who joined them, were for ten years in grave danger as they were being transported by an aircraft that had no valid manufacturer documentation that would allow for its proper maintenance. Helicopter H-253 was modified from a transport variant to a VIP version following the “do-it-yourself” principle. The Croatian President, Prime Minister and ministers, and top military officials were in fact riding in an “illegal” VIP helicopter modified in Croatia without the permission of the manufacturer.

Carlsberg Group published recently the first issue of the magazine intended for
consumers and business partners dubbed CC:business. This will be a quarterly
magazine and it would contain numerous news related to Carlsberg Croatia and
company’s brands, news from the beer industry and business results of the
company and other news items.
CC:business can be downloaded in PDF format from the Carlsberg’s Internet site.

ZAGREB, CROATIA - While Mirjana Pukanic was giving an interview on her husband, Ivo Pukanic, the owner of National weekly, Zagreb police broke into her flat and forcefully dragged her away and forced her to get in an ambulance. Then they took her to the psychiatry ward of a hospital in Zagreb. In front of the cameras of Croatian journalists, the police ‘threw her’ in the ambulance and handcuffed her in a brutal way, according to her behaving like hooligans.

- Unhand me, let me go, you see what they do? – Pukanic cried as a policeman held her fists, trying to break her resistance.

Mirjana Pukanic to doctors: leave me alone

After all this, almost four hours of strain followed in Pukanovic’s flat in front of the journalists, while Mirjana refused to let the ambulance services inside the house. After she let them in, Mirjana still refused to be examined.

- Do not make a comedy of this, move away from here, let me be in peace, I do not need a doctor, I need peace. He needs a doctor – she told the doctors.

The doctors and the police arrived, the police confirmed us, as they were called by doctors and social workers because Mirjana allegedly did not follow the therapy she was prescribed. However, Mrs Pukanic showed us a document, which we filmed with our camera, according to which yesterday she attended a medical consultation. According to this document, Mirjana Pukanic did not need to be hospitalised.

Banac: Mirjana asked us for help

Recently Mirjana Pukanic asked the president of the Croatian Helsinki Committee for Human Rights (HHO), Ivo Banac, who confirmed this to us in a telephone interview.

- Considering that we are talking about an extremely delicate situation, I can not enter the subject – said the president of the HHO, adding that Mrs Pukanic asked him precise requests which he did not want to reveal.

He did not want to give comments on today’s arrest because, he said, there is still no official information.

From Javno.hr

Video Mirjana Pukanić - Ivo me radi ludom radi novca

Video Mirjana Pukanić - Ivo me radi ludom radi novca 2

Video Mirjana Pukanić - Ivo me radi ludom radi novca 3

Video Mirjana Pukanić - Ivo me radi ludom radi novca 4

Video Mirjana Pukanić - Ivo me radi ludom radi novca 5

Video Mirjana Pukanić - Ivo me radi ludom radi novca 6

Video Mirjana Pukanić - Ivo me radi ludom radi novca 7

Mirjana Hrga NovaTv about Mirjana Pukanic case

Vincent Degert o slučaju Mirjane Pukanić

George Bush is supposed to visit Croatia after April 5, which is when the Bucharest NATO summit is scheduled, unofficial sources in Washington claim.

President Bush should spend “a large part of the day” in Croatia and meet with the highest Croatian officials, sad a diplomatic source, requesting to remain unnamed. The American side has still not announced the visit and the White House and State Department`s press offices state that they do not comment of the president`s state visits before they are officially announced.

The White House is expected to announce President Bush`s trip to the NATO summit in Bucharest by the middle of next week, as well as his trip to other state visits, including Croatia.

javno.hr

POZEGA - President Stjepan Mesic stated that it would not be good for Serbia to break relations with the countries that will recognise Kosovo as an independent country. If they do, the whole area of Serbia and Kosovo will pay consequences.

Croatia wants to join the EU, and the EU has rules and standards we want to accept. If the majority of these countries recognises Kosovo, Croatia will do the same, said Mesic.

Mesic said that probably European forces will enter Kosovo if they proclaim independence, and this means that Croatia will take part in the peacekeeping mission.

- Croatia has accepted help from other countries, military included, when we got involved in the brutal war. We asked for help and the world helped us. Now we are paying our debts by taking part in fifteen missions around the world. Croatia has to help not in order to make war, but to maintain peace. A lot of this will depend on how Kosovo will be organised, and what Status it will have – said President Mesic.

Ivo Sanader, Prime Minister, announced that the budgetary deficit this year will not be higher than last year and that the State will issue loans on foreign markets to refinance the due debts.

This was announced by the Prime Minister while commenting the latest statements of Željko Rohatinski, Governor of the Croatian National Bank (HNB), and his proposed measures to reduce the inflation specified after the recent meeting between the Government and bankers.

“He (the Governor) only repeated what we told him at the meeting, what we did and what we announced, within the advices the HNB gave to the Government”, believes Sanader. Ivan Šuker, the Minister of Finance, who made a statement for the press afterwards, expressed his satisfaction that Governor Rohatinski supported governmental measures.

“I am pleased that the Governor supported governmental measures as we do the measures of monetary policy”, said Šuker characterizing the relations and cooperation with the Governor as excellent. Sanader appealed to the HNB to do its part of the job.

“It is easy to say what needs to be done by someone else, but it is also good to say what we need to do. The Government will be the first to provide an example and we expect the same from others.” Both the Prime Minister and the Minister of Finance point out that the budgetary deficit for this year will not exceed the one from last year, and the Government, according to Sanader, will make attempts to reduce it.

“The budgetary deficit of 2.4 to 2.5% (of GDP) will be retained this year as well. This is what the Government could do, it is the fiscal policy which will not generate consumption”, said Sanader, adding that the proposed indebtedness abroad to refinance the due debts is governmental proposal specified by someone else.

We wish to verify the status, Croatia’s rating abroad and alleviate the situation in Croatia, said Sanader. His announcements were confirmed by Minister Šuker who also mentioned a deficit of 2.3 to 2.4% of GDP, and pointed out that state indebtedness abroad was already discussed prior to the meeting with the Governor and bank representatives with the Government, at the meeting with bankers a week ago at the Ministry.

The Ministry estimated that this year’s indebtedness will amount to around HRK 11bn, said Šuker.

HINA

ZAGREB - One of Croatia’s main newspapers apologized to Prime Minister Ivo Sanader Sunday after publishing an interview with him which turned out to be a fake.

“Although we had no reasons to question the authenticity of the published interview, we apologize to readers and prime minister,” the Jutarnji List independent daily said.

Saturday, the paper published a one-page interview with Sanader in which the premier answered questions related to Croatia’s bid to join the European Union and North Atlantic Treaty Organization.

However, later Saturday the government issued a statement saying the interview was “completely invented” and the premier had had no contacts with editor Davor Butkovic, who was responsible for the interview.

Butkovic, a well-known Croatian political journalist and commentator, explained he had requested the interview via a mobile text message after which he received an answer to email questions. He said he published the emailed answers.

The paper said Sunday it was “conducting a thorough investigation” into the matter.

Meanwhile, another newspaper, the Vecernji List, published Sunday an interview with a 23-year-old man from Zagreb who said he was the “premier” with whom the interview was conducted.

The man said he thought the messages were a joke and answered the questions, adding that the email address from which he sent the answers was his private one.

“It all sounded so crazy. I just wanted to see how far it could go. I did not believe that they took me seriously,” he said.

The man said he was shocked when he saw the front page of the Jutarnji List announcing the interview with Sanader.

AFP

ZAGREB – Sooner than we could have imagined, CROBEX came very close to 4,000 points, marking the peak of adjustment which today resembled a siege.
The chaos could be best seen from CROBEX’s performance which, two hours before the end of trading, lost 3.6% after a positive 1% at the very start. However, the initial idyllic situation very soon turned into a wave of pessimism and aggressive liquidation which was largely caused by small investors.

Although regular turnover once again exceeded HRK 100mn, endless list of transactions suggests great activity of panicking small investors who persistently lowered the prices selling their portfolios, partly voluntarily but also pressured by present circumstances. A look at current happenings on the market is unpleasant, although it is even more unpleasant to receive a margin call which does not allow any other choice but to sell. Although such scenario is difficult to prove, the suggested small investors’ influence could be confirmed by rough calculations.

As usual, HT (HT-R-A), whose shares set a new record of HRK 290, must be left out due to dominant role of small investors in its case. However, there are a lot of examples suggesting a very active role of retail investors. For example, the average value of Dalekovod’s (ZSE:DLKV-R-A) shares was below HRK 20,000 today, while this number, in case of preferred shares of Adris group (ZSE:ADRS-P-A) or Ingra (ZSE:INGR-R-A) climbed to HRK 100 thousands. Anyhow, this was too little for institutional investors who are still only observing.

They are leaving the initiative to small investors, while the latter, faced with weak resistance, are continuously lowering prices and so expanding the list of issues which are suspended due to their drastic drop. Among them were Civil Engineering Institute of Croatia (IGH) (ZSE:IGH-R-A), Belišće (ZSE:BLSC-R-A), whose President dismissed acquisition speculations, Mlinar (ZSE.MLNR-R-A), Hidroelektra (ZSE:HDEL-R-A) and many others. They were all victims of the panics which resulted in two-digit losses compared to the day before and reduced P/E multiples to one-digit figures. However, this does not seem to help a lot at this point.

Shares are possibly cheaper considering their previous price levels, although not many of them are ready to accept the risk and neglect the dominating market momentum and resist the widespread pessimism by filling in purchase orders. Anyhow, any resistance of small investors would in this case be doomed to fail as it seems that only a more agile activity of institutional investors might change the strength proportion on the market.

Until then, we can only make historical comparisons which are not the least easy to “swallow”. Despite the last-minute recovery of the main index which closed the day with only 1.3% drop (and high turnover of HRK 136mn), we are where we were 11 months ago, while compared to its all-time-high, CROBEX currently dropped almost 25%. And, according to the known definition, which should be taken with a pinch of salt, it is slowly entering the bear market which should be confirmed or denied during next days (weeks).
On the other hand, last-minute recovery should be treated with due caution. It almost cut losses in half without any drastic changes in turnover amount which should be considered as bargain hunting, not indicative in any respect of the possible shift in trend.

Author/source: Mario Gitara

Turkish ship ‘Undadriyatik’ has caused panic in the Adriatic Sea, when it caught fire yesterday, because of nine tons of gas oil it carries. This could possibly become one of the biggest disasters on our territory. The ship is entirely under fire so the situation can’t be solved with special ships for putting out fires, and the planes carrying water are also found to be ineffective. Croatia is not well prepared for this situation, we don’t have enough equipment and experts, and the plan for these kinds of disasters is prepared but has never seen the light of day. Experts claim that so far there has been no pollution of the sea, but the biggest danger is that the ship could sink causing the oil to spill.